Slide 1: Launching the future. Second Quarter 2011 Earnings Call Presentation
Launching the future. Second Quarter 2011 Earnings Call Presentation August 4, 2011
Slide 2: Safe Harbor Language
Globalstar Introduction Safe Harbor Language ‘This presentation contains carta statements hat are orwaroking statements win the meaning ofthe Private Secures Ligation Reform Aco 195. Thess frwarlooking statment are based on cue expecatons and asunspons that ae subject ks ans Uncetantes which may cau
Slide 3: Second Quarter Highlight - SPOT Consumer Products
Second Quarter Highlight - SPOT Consumer Products Record activations and increased revenue + Globalstar recorded the highest number of SPOT activations per quarter since the Company began selling the revolutionary MSS consumer products + During the quarter, Globalstar activated 19,578 SPOT product f
Slide 4: Second Quarter Highlight — Financing
Second Quarter Highlight — Financing Globalstar completed $38 million capital raise + On June 21% Globalstar announced it had Gat completed a private placement with select current Globalstar institutional investors, including Thermo Funding ‘Company LLC, to raise initial gross proceeds of $38 millio
Slide 5: Post-Quarter Highlight: Second-generation satellite launch
Post-Quarter Highlight Second-generation satellite launch + Globalstar successfully launched six new second- generation satellites from the Baikonur Cosmodrome in Kazakhstan on July 13, 2011 + The Company expects to conduct two additional launches of six satellites each + With each subsequent launch
Slide 6: Post-Quarter Highlight: Continued growth of M2M Commercial Enterprise Solutions
Post-Quarter Highlight Continued growth of M2M Commercial Enterprise Solutions Globalstar resellers are successfully implementing workplace safety product trials, using the commercial and intrinsically safe version of the SPOT Satellite GPS Messenger known as SPOT IS™ Globalstar has signed an agreem
Slide 7: Space Segment - Constellation Update
Space Segment - Constellation Update Globalstar Launch Two + On July 13, 2011 Arianespace successfully launched six new Globalstar second-generation satellites from the Baikonur Cosmodrome in Khazahkstan using the Soyuz launch vehicle + Allsix satellites were successfully acquired - Globalstar has i
Slide 8: Satellite License Update
Satellite License Update Licensing will pave way to operate new satellites in US Earlier this year, the FCC granted Globalstar conditional authority to operate its second-generation satellites within the United States pending registration of the constellation with France, Globalstar has been working
Slide 9: Space Segment - Constellation Update: Upcoming Launches
Space Segment - Constellation Update Upcoming Globalstar Launches + Globalstar is planning two additional launches of six satellites per launch using the Soyuz launch vehicle prior to the end of 2011 + Both remaining launches are to be conducted at the Baikonur Cosmodrome in Khazakstan + Thales Alen
Slide 10: Income Statement Review
Income Statement Review Q2 2010 vs. Q2 2011 Tare Month Fade (sie) Romane ‘sree Rees Egepns Reet Opera Expenses ‘Conor Som soa Co of Stabe Esp san 307 Mates Ge Atmtrane wm use Teal Tse FR ter Non Cath Ope pe: Raccceteinetinpeet $ Dipti, Aneta & Aeon son ams Teal 7a Si “Tot Opening Egeses, Smee 8 ssa
Slide 11: 5.0% Convertible Notes Financing
5.0% Convertible Notes Financing In June, the Company completed a $38 million financing of $.0% Convertible Senior Unsecured Notes. The investors have an option to purchase up to $12 million of additional notes through September 15, 2011 + Amount: $38 million (with an option to increase to $50 milli
Slide 12: 2011 Liquidity
2014 Liquidity (Smrmiion) Liquidity 'Q2 2011 Ending Cash Balance ce COFACE Avsisbiy 10 Contugent Equity 6 Total 7 Significant Cash Olligations for Remalnder of 2011: Thales Alenia Second-Generation Sateltes Ananespace Launch Services Launch lasurance ‘other Capaal Ependauses and Capaatied Labor Tota
Slide 13: Globalstar Key Value Drivers
Globalstar Key Value Drivers SShgeiy epee nied ‘eco gal bry ees pte Oven cnt ehaeme By oxen (Bev dep RE Wer hres coon) tS come dsr nad ac wee {Ce es cpa cane ome ‘athe cence, {Bipasha brad era ee (ose fh nan bn st a Coating neg ml a tec ion 3G US oe PNRM ATC “Comet CC arpa Ga is mp te ‘serpin perio
Slide 14: Globalstar: Launching the Future
Globalstar Launching the Future Globalstar
Slide 15: Appendix A
Appendix A ‘Adjusted EBITDA adjusted to exclude non-cash compensation expense, asset impaiment charges, foreign ‘exchange gainsi(osses) and certain other one-time charges. Management uses Adjusted figures for EBITDA in order ‘tomanage the Company's business and to compare its results more closely to